242 E M
Colton, CA, 92324
$489,000
MLS: PW26028484
Beds
4
Baths
2
Sq Ft
1,190
Lot
0.17 ac
Year Built
1928
MLS #
PW26028484
Days on Market
61
Listed
Feb 19, 2026
Description
Four bed / two bath single family home with updated galley kitchen. Huge 7500 sq ft lot with abundant fruit trees. Upgraded electrical. Separate storage structure on site. Let your imagination run wild with the possibilities on such a a large lot. Exterior and some portions of the interior need a little TLC, but great opportunity here.
Location
Colton, San Bernardino County, CA 92324
Open on Google Maps ↗Listed by: Chad Gordon · The Gordon Professional Group
Payment estimate
$3,697
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $48,900 · Loan: $440,100
- Principal & Interest
- $2,704
- Property tax (1.25%)
- $509
- Homeowners insurance
- $300
- Mortgage insurance
- $183
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Colton home with as little as 3.5% down using an FHA loan — roughly $17,115 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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